Lazy REIT Post

I didn't much feel like posting a whole lot this evening, so I thought I'd show that REITs may have hit resistance today.

The IYR retraced 50% of its decline then sold off, pretty much on cue. 

I added to my position in the ProShares Ultra-Short Real Estate fund.  This partially re-establishes my sale of September IYR puts several weeks ago.  I still own puts on the IYR ETF.

And just to show that I'm not always pimping my book, here is a balanced article on commercial real estate from The Economist.

Comments

[attract money]

Though you didn't feel like posting...glad you did, thanks for this.